Tether


Videos

Breaking Down House Financial Services Committee’s Stablecoin Bill Framework

The House Financial Services Committee has unveiled a draft of its stablecoin legislation, proposing a framework for issuers such as Circle and Tether to define how state and federal entities can regulate their offerings. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the potential timeline for the legislative process and what to expect from the upcoming hearing on stablecoins.

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Markets

TrueUSD's Bitcoin Trading Volume Nears Tether’s on Binance but Traders Hesitate to Use the Token

Binance assigned a zero fee discount to the BTC-TUSD trading pair last month, waiving the promotion from Tether’s USDT.

TUSD and USDT in BTC trading on Binance (Kaiko)

Policy

Alameda to Be Repaid $53M Deltec Loan, Delaware Bankruptcy Court Rules

The 2021 payment to Tether's bank Deltec International was originally approved by FTX's Ryan Salame.

(Pixabay)

Videos

Tether's Market Capitalization Nears Record High; PostFinance to Offer Customers Crypto

Data from CoinGecko shows that Tether's (USDT) market capitalization has increased by over 20% this year. Separately, PostFinance, Switzerland’s fifth-largest financial services firm, says it will begin offering its users access to cryptocurrency thanks to a partnership with regulated digital asset services provider Sygnum Bank.

Recent Videos

Markets

Stablecoin Tether's Market Capitalization Nears Record High of $83B

The market cap has increased by 20% this year mainly on account of aggressive issuance on Ethereum's rival, Tron.

Market cap of bitcoin and tether (Matrixport Technologies)

Markets

Tokenized Gold Surpasses $1B in Market Cap as Physical Asset Nears All-Time Price High

This a type of stablecoin pegs its price to gold, while the tokens on the blockchain represent ownership of physical gold managed by the issuer.

All but one of the recently launched spot bitcoin exchange-traded funds (ETF) charge a lower fee than the largest gold ETF, making them a cheaper investment into a gold-like asset. (Unsplash)

Finance

Tether Was a Client of Signature Bank's Signet: Bloomberg

Tether CTO Paolo Ardoino, in response to the Bloomberg article, denied the company has exposure to Signature Bank.

(Nikhilesh De/CoinDesk)

Markets

Circle’s USDC Remains Dominant in DeFi as Pressure Eases on the Stablecoin

USDC, the key stablecoin in decentralized finance, temporarily lost its dollar peg earlier this month after the collapse of its key banking partner.

(Getty Images)

Videos

USDC Outflows Surpass $10B as Tether’s Stablecoin Dominance Reaches 22-Month High

Circle's USDC stablecoin saw net outflows surpassing $10 billion since March 10 after the regulators shut down the firm's banking partner Silicon Valley Bank. Many of the investors who fled USDC switched to Tether's USDT stablecoin, driving the token to reach its largest market share in 22 months. "The Hash" panel weighs in on these developments.

Recent Videos

Markets

USDC Outflows Surpass $10B as Tether’s Stablecoin Dominance Reaches 22-Month High

Rival stablecoin tether (USDT) has reached its largest market share since May 2021 and now represents 60% of all stablecoins in circulation.

Jeremy Allaire, CEO of Circle (CoinDesk)